Business · 2 hours ago
Britain might tax Chinese cars to protect trade links with Europe
Chinese brands like BYD and Jaecoo have seen their British market share more than triple this year, grabbing 12% of all new sales. The government is deciding whether to copy Brussels, which hit the imports with taxes of up to 45% back in October 2024. Adopting the charges would help domestic car plants qualify for an upcoming European system created to defend local manufacturing.
Reported by The Guardian · How we write briefs